leadf
logo-loader
viewAriana Resources PLC

Ariana Resources buoyed by significant resource boost at Kepez prospect

Ariana Resources' (LON:AAU) Dr Kerim Sener discusses with Proactive the resource update for the Kepez prospect - part of the Red Rabbit joint venture.

The new estimate represents a roughly 270% increase on a gold-only basis from the previous estimate of around 8,800 oz gold.

Sener also touches on the miner's recent set of results which saw them book a post-tax profit of £424,000 for the year to 31 December 2017.

Quick facts: Ariana Resources PLC

Price: 6.1 GBX

AIM:AAU
Market: AIM
Market Cap: £64.82 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Ariana Resources PLC named herein, including the promotion by the Company of Ariana Resources PLC in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

'Still plenty of buying opportunity for gold' despite Fed rate hike uncertainty'

Mining Capital's Alastair Ford tells Proactive's Andrew Scott that despite gold still being on the slide it could turn at any moment if a trade war boils over . He says gold has now begun the slow slide that was always inevitable in a rising interest rate environment. On 28 June the...

on 29/6/18

2 min read